2 . the value of multi - stage investment in tourism projects can be seen as the constitute of the net present value , real option value and strategic value 2 .多阶段投资旅游项目的价值可以看作由净现值、实物期权价值和战略价值所构成。
Fcf is a net present value model that periodizes the net present value calculation and classifies investments into two categories , strategic and non - strategic investments 它是一种现金贴现模型,并将经营现金流量分为战略性支出和非战略性支出两部分。
Hard rationing implies market imperfections , but that does not necessarily mean we have to throw away net present value as a criterion for capital budgeting 硬的合理分配暗示了市场的不完善,但是那并没有必定意味着我们必须抛弃净现值规则作为资本预算的一种标准。
Net present value ( npv ) - the method used in evaluating investments whereby the net pv of all eva or cash flow is calculated using a discount rate of the cost of capital 净现值( npv ) ?用资本成本的贴现率计算出来的eva或现金流的净现值,是一种用于对投资进行评估的方法。
Net present value ( npv ) - the method used in evaluating investments whereby the net pv of all eva or cash flow is calculated using a discount rate of the cost of capital 净现值( npv ) ?用资本成本的贴现率计算出来的eva或现金流的净现值,是一种用于对投资进行评估的方法。
For example , although the net present value of some venture investment enterprises is negative in the start - up stage , the enterprises need continuously invest to seek for the developing opportunity in the future 尽管某些处于初创期的风险投资企业的净现值为负,但是为了寻求公司未来的发展机会而进行投资。
Net present value is the cumulative present value of income ( positive values ) and a series of future payments ( negative values ) from a series of investment cash flow using a discount rate to handle time values of money 净现值是指在项目计算期内,按行业基准折现率或其他设定折现率计算的各年净现金流量现值的代数和。
From the broad definition of option , this paper derives the concept of real option . further , based on theories of net present value , decision tree , and real options , the risk - neutral pricing theory is introduced 本文从广义的期权定义中引出实物期权的概念,从净现值、决策树和实物期权的比较着手,引入风险中性定价理论。
Some calculating models about net present value method ( npv ) , which is widely applied , are given . a comparison between npv method and real options method is made , and the disadvantages of npv method are analyzed 对应用最为广泛的净现值法( npv ) ,给出了在多种状况下的计算方法,并将它与实物期权方法进行了对比,指出了传统npv法的不足。
The time value of capital is often ignored when network phanning is optimized , and the technique of obtaining the maximum net present value is lagged than the analysis of resource allocation and optimization 摘要人们在处理网络计划的优化问题时,往往忽视了资金的时间价值,而且取得项目最大净现值的技术开发已经大大落后于对资源配置与资源优化的分析。
In finance, the net present value (NPV) or net present worth (NPW) of a time series of cash flows, both incoming and outgoing, is defined as the sum of the present values (PVs) of the individual cash flows of the same entity.